Announced financings: August 29

August 30, 2023 01:14 PM PST

Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.

1. Silver North Resources Ltd. (TSX-V: SNAG)

  • Gross Proceeds: $1.5 million
  • Sector: Precious metals
  • Units issued: 2.5 million; 5 million
  • Type: Special units; Flow-through units
  • Price: $0.20; $0.20
  • Warrants: Half; $0.30; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Silver junior focused on the Haldane project in the Yukon
  • Precious drilling has intercepted mineralization including 4.48 metres of 444 g/t silver
  • Changed name from Alianza Minerals in August and rolled back shares

2. Altiplano Minerals Inc. (TSX-V: APN)

  • Gross Proceeds: $1 million
  • Sector: Precious metals
  • Units issued: 3.81 million
  • Type: Special units
  • Price: $0.10
  • Warrants: Full; $0.12; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Not stated

Company breakdown:

  • Small copper producer and explorer with projects in Chile.
  • Sold 294,162 pounds of copper in Q2

You May Like